1z0-1081-23 Exam Questions - Real & Updated Questions PDF [Q13-Q30]

NEW QUESTION 13
How do you navigate if you want to export a form to a Snapshot file?

From the Home page, select Tools, and then Clone Snapshot.

Open the form, select Actions, and then Export.

From the Home page, select Tools, and then Migration.

From the Navigator menu, select Forms.

NEW QUESTION 14
Which statement is true of journals created from Recurring templates?

The initial status of journals created from Recurring templates is Approved.

Journals for recurring templates are created automatically when you open a period for journals.

The line items in journals created from Recurring templates are read only.

The initial status of journals created from Recurring templates is Posted.

NEW QUESTION 15
Which two statements are true about Enterprise Journals? (Choose two.)

You cannot deploy Enterprise Journals to a period with Pending status.

Line items can only include entities that have been enabled for Enterprise Journals.

You can assign a team as preparer or reviewer.

Users with either the Service Administrator or Power User role can create Enterprise Journal templates.

NEW QUESTION 16
Which statement is FALSE about Task Manager schedules?

You can still add tasks to a schedule that has been closed.

Users can still complete tasks in a schedule that has been closed.

You can re-open a schedule that has been locked.

To start all the tasks in a schedule, you must change the status from Pending to Open.

NEW QUESTION 17
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)

Consolidation Percentage

Control

Ownership Percentage

Minority Interest Percentage

Consolidation Method

NEW QUESTION 18
Which two statements are true about the roll forward calculation in the Movement dimension? (Choose two.)

Translated values for Closing Balance are adjusted to the ending rate for the period.

Values for Opening Balance are retrieved from the prior period’s Closing Balance.

Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.

NEW QUESTION 19
To which Financial Consolidation and Close dimension(s) do you map Data Management periods?

Period and Year

View

Period, Year, and View

Period

NEW QUESTION 20
When you set the Intercompany Account attribute for an account to Yes, which additional attribute must also be set in order for the account to be included in the elimination process?

Plug Account

Is Plug Account

Intercompany Entity

Intercompany Account

NEW QUESTION 21
Which statement correctly describes what happens to parent entities during consolidation?

Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities

Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

The changes in the relational database are synced to the underlying Essbase cube.

For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

NEW QUESTION 22
Which two are NOT selectable as Workflow dimensions for a Collection Interval in Supplemental Data Manager? (Choose two.)

Scenario

Year

Entity

Period

Account

NEW QUESTION 23
Which two statements about the Copy Data function are true? (Choose two.)

When you select the Regular Data option, journals data is included.

You can select which Consolidation dimension member to copy.

You cannot select which Account members to copy.

You can copy data for historical rate and amount overrides.

NEW QUESTION 24
In the approval process, which four dimensions constitute an approval unit? (Choose four.)

Account

Year

Scenario

Data Source (Entity)

Period

NEW QUESTION 25
Which statement is true about an approval process with the Phase Dependency option enabled?

Data for a later phase cannot be changed from Not Started to Under Review until the status of earlier phases is changed to Approved.

Data for a later phase can be promoted to a higher level in the promotion path than data for an earlier phase, but cannot be changed to Approved.

Data for a later phase cannot be promoted to a higher level in the promotion path than data for an earlier phase.

‘Data for an earlier phase cannot be changed from Approved to Locked until data for all later phases has been changed to Approved.

NEW QUESTION 26
Which two statements are true about the Multi-GAAP feature? (Choose two.)

When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments.

Select this option if you need to report your financial statements only in IFRS.

You must specify a prefix for entities that use the alternate gap standard.

Enabling Multi-GAAP reduces the number of custom dimensions you can have.

NEW QUESTION 27
Which statement explains why, in the Consolidation dimension, the data for an entity in the FCCS_Entity Input member might be different from the data in the FCCS_Proportion member?

A rate was entered into the FCCS Rate Override account.

The parent entity has a different currency than the child.

An ownership percentage for the entity other than 100 was entered.

An intercompany elimination was performed.

NEW QUESTION 28
Where do you set the Intercompany Entities Aggregation option?

In the member properties of the Intercompany Top member

On the Properties page of the Intercompany dimension

In the Setup Wizard during business process creation

In the member properties of the Intercompany Entities member

NEW QUESTION 29
You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000.
What is the most efficient means to accomplish this?

Create a Groovy rule.

Create a Task Manager rule.

Create a Configurable Consolidation rule.

Create a valid intersection rule.

NEW QUESTION 30
Which four items are included in the Currency dimension? (Choose four.)

Parent Currency

Input Currencies

Default Currency

Journal Input Currencies

Entity Currency

Reporting Currencies